The two U.S. parties have still not reached an agreement on the CLARITY Act

Odaily News: According to journalist Eleanor Terrett, U.S. Senate Majority Leader John Thune has filed a motion for cloture on a proposal to advance college sports-related legislation. This move is seen as an indication that a bipartisan consensus has yet to form around the CLARITY Act, which would establish a regulatory framework for the crypto industry.

Previously, the market had hoped that Congress would push the CLARITY Act forward, providing a clearer legal framework for issues such as digital asset market structure and the division of regulatory authority. However, the latest developments show that divisions remain within the Senate.

Analysts believe that if the two parties fail to reach an agreement on the CLARITY Act, the timeline for the bill's advancement could be further delayed. Nevertheless, supporters still argue that the bill is crucial for clarifying the boundaries of U.S. crypto asset regulation and reducing industry uncertainty.